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Sandra  Benkahla, Broker/Owner
The 305 Agency
Sandra Benkahla Broker/Owner
305-713-9891
The 305 Agency
Property Price: $2,900,000.00
Property Type: Commercial/Residential Income
Lot Size: 12516
Status: For Sale
Marketing Remarks:

Fully updated and well-maintained 8-unit property on large 12,516 SF lot located in east Shorecrest - Unit breakdown: 2 2/1 units, 4 1/1 units, 2 studios; east of Biscayne Blvd, half a block to Bay & NE 79 St. Solid income/ solid return - $220,800 GOI, $173,260 NOI, 6% cap rate. Upside in rents, T-5-R zoning allows building up to 5 stories - invest now for a solid return, land bank for future development. Safe, convenient location & tenant-friendly property (9 parking spaces, outdoor spaces for tenants) property is 100% occupied. Building completed it's 40 Years Recertification in 2016. All door and windows impact.

Print SheetPrint Sheet CloseClose
Sandra  Benkahla, Broker/Owner
The 305 Agency
Sandra Benkahla Broker/Owner
305-713-9891
The 305 Agency
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